other material
confidence high
sentiment neutral
materiality 0.30
iRhythm grants performance-based RSUs to top executives with target shares and three-year goals
iRhythm Holdings, Inc.
- CEO Blackford granted 48,534 target PSUs; CFO, CBLO, CCO, CMO each 13,589 target PSUs.
- PSUs vest based on three equally weighted operational goals: patient registrations, adjusted EBITDA margin, product innovations over July 2023-June 2026.
- Earned PSUs adjusted by TSR vs. S&P Healthcare Equipment Select Index; upward/downward 25% depending on percentile.
- Maximum vesting at 150% of target if all three goals achieved and TSR above 75th percentile (capped).
- Other management team members received aggregate 19,364 target PSUs under same program.